Reference No: WM394

Industrial/Manufacturing
Australia And New Zealand All States
Price: $3,950,000 + S.A.V. question mark popup button

Electrical Equipment For Sale

Australia and New Zealand.

Import, Assembly and Service.

Established by the current owner more than 25 years ago.

Extremely rare opportunity to purchase the exclusive supplier of several leading brands of electrical power transmission equipment and services to an impressive, blue chip client base of gas, water and rail utilities, mining companies and others around Australia and New Zealand.

The business has three branches (including Head Office) around Australia and one in New Zealand and there is a fantastic mix of sales, value add assembly and service.

The various restrictions and disruptions caused by Covid19 had some impact over the last 18 months but sales for 20/21 were still around $10 mil – $11 mil with an EBITDA just under $1.2 mil, down about 25% on normal years.

Even with lockdowns and restrictions at the start of the current financial year, the business has already achieved sales of around $4.0 mil and has $3.0mil+ of orders in hand – so things are well and truly getting back to normal.

The business has an excellent team of technical and sales staff (including senior managers) and the owner is happy to provide a generous post sale handover to the successful purchaser.

Price: $3.95 mil + SAV ($900K)

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Price: $3,950,000 + S.A.V.
Marlow & Co
Address:
1st Floor, 261 - 267 High Street
ASHBURTON, VIC, 3147

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Contact: Wayne Marlow
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